Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Just closed out all BTC and ETH long positions.



It wasn’t because of losses—in fact, I made a small profit. But the rhythm at this level is gone—the market is rebounding amid extreme panic, and the RSI has already surged past 70. This is noise, not rhythm. You can tell that even though the rebound is fierce, the 4-hour timeframe is still in a deep bear market, with prices well below all moving averages.

Holding or adding positions at this point is like trying to dance to chaotic drums. As a swing trader, I’d rather wait for a clear rhythm to return. Right now, the market calls for watching, not acting.

The account is back to flat—let the bullets fly for a while. Sometimes, the best trade is no trade at all.
#BTC #ETH #GateAI人机对抗赛 #GatePerps
BTC1.2%
ETH1.1%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)